Market wrap :Intra-day volatility spikes up as the Nifty index gyrates within a wide range in yesterday’s session without much of directional clarity. At a close of 7851, the index lost 35 points for the day, which is relatively better than the day’s opening.
Going forward we sense that the index will be capped within a range of 200 points, with supports at 7700 and resistance at 7900.
The Performance of the Sectoral Indices are as follows:
The top 5 gainers and losers today are:
![Market Wrap for 11th May 2016: Intra-day volatility spikes up 1](https://blog.elearnmarkets.com/wp-content/uploads/2021/09/nifty50-2-1024x540.png)
Bottom Line
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